Picture of Westmount Energy logo

WTE Westmount Energy News Story

0.000.00%
gb flag iconLast trade - 00:00
EnergySpeculativeMicro CapValue Trap

REG - Westmount Energy Ld - Notification of Voluntary Withdrawal from OTCQB

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241108:nRSH4424La&default-theme=true

RNS Number : 4424L  Westmount Energy Limited  08 November 2024

8th November 2024

WESTMOUNT ENERGY LIMITED

("Westmount" or the "Company")

 

Westmount Energy Limited (UK AIM: WTE.L, USA OTCQB: WMELF), the AIM-quoted oil
and gas investing company focussed on high impact drilling outcomes in
emerging basins, announces that its ordinary shares of no par value ("Ordinary
Shares") will no longer be available for cross-trading via the OTCQB® Venture
Market ("OTCQB Market") effective from the opening of the markets on 2(nd)
December, 2024. The Company has decided to voluntarily withdraw from the OTCQB
Market cross-trading facility, at this point in time, as a cost reduction
measure.

Westmount's Ordinary Shares may continue to be eligible for quotation on the
Pink tier of the trading platform that is operated by the OTC Markets Group
Inc. in New York, if market makers commit to making a market in the Company's
shares. However, the Company can provide no assurance that trading in its
Ordinary Shares will continue on the OTC Pink Market. For quotes or additional
information on the OTC Pink market, please visit http://www.otcmarkets.com
(http://www.otcmarkets.com) .

Westmount's Ordinary Shares will continue to trade on the AIM market of the
London Stock Exchange with the ticker symbol "WTE.L".

For further information, please contact:

 

Westmount Energy
Limited                            www.westmountenergy.com
(http://www.westmountenergy.com)

David King,
Director
Tel: +44 (0) 1534 823000

 
                      email: westmountenergy@stonehagefleming.com
(../../../../DATA%20STORAGE%20DC/160505_Dermot%20Backup/DErmot/Westmount%20Project/Namibia/Africa%20Oil%20Corp/westmountenergy@stonehagefleming.com)

 

 

 

Cavendish Capital Markets Limited (Nomad and Broker)           Tel:
+44 (0) 20 7397 8900

Neil McDonald/Peter Lynch (Corporate Finance)

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCDBBDBUDGDGSR

Recent news on Westmount Energy

See all news